FreeBe: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
FreeBe
Largest movements
- Current investments +€60,000
new in 2025: €60,000
- Cash -€27,580
down €27,580 (-40.5%), from €68,124 to €40,544
mainly Current investments (-€60,000) and Tax, wage and social debts (-€21,122)
- Receivables within one year -€14,267
down €14,267 (-18.3%), from €77,792 to €63,525
of which Other amounts receivable: -€12,000
- Tangible fixed assets -€8,032
down €8,032 (-27.1%), from €29,651 to €21,619
of which Furniture and vehicles: -€8,861
- Reserves +€29,000
up €29,000 (+38.4%), from €75,575 to €104,575
of which Distributable reserves: +€29,000
- Tax, wage and social debts -€21,122
down €21,122 (-48.0%), from €43,968 to €22,846
- Other debts +€2,764
up €2,764 (+17.0%), from €16,239 to €19,003
- Gross operating margin -€16,404
down €16,404 (-22.9%), from €71,487 to €55,083
- Taxes -€7,164
down €7,164 (-30.7%), from €23,365 to €16,201
- Depreciation +€2,020
up €2,020 (+29.0%), from €6,974 to €8,994
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,135 | €186,158 | +€10,023 | +5.7% |
| Fixed assets | 21/28 | €29,651 | €21,619 | -€8,032 | -27.1% |
| Tangible fixed assets | 22/27 | €29,651 | €21,619 | -€8,032 | -27.1% |
| Furniture and vehicles | 24 | €29,458 | €20,597 | -€8,861 | -30.1% |
| Other tangible fixed assets | 26 | €193 | €1,022 | +€829 | +429.5% |
| Current assets | 29/58 | €146,484 | €164,539 | +€18,055 | +12.3% |
| Amounts receivable within one year | 40/41 | €77,792 | €63,525 | -€14,267 | -18.3% |
| Trade receivables | 40 | €65,792 | €63,525 | -€2,267 | -3.4% |
| Other amounts receivable | 41 | €12,000 | - | -€12,000 | |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €68,124 | €40,544 | -€27,580 | -40.5% |
| Deferred charges and accrued income | 490/1 | €568 | €470 | -€98 | -17.3% |
| Total equity and liabilities | 10/49 | €176,135 | €186,158 | +€10,023 | +5.7% |
| Equity | 10/15 | €112,644 | €142,191 | +€29,547 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,575 | €104,575 | +€29,000 | +38.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,715 | €102,715 | +€29,000 | +39.3% |
| Profit (loss) carried forward | 14 | €30,869 | €31,416 | +€547 | +1.8% |
| Amounts payable | 17/49 | €63,491 | €43,967 | -€19,524 | -30.8% |
| Amounts payable within one year | 42/48 | €63,491 | €43,967 | -€19,524 | -30.8% |
| Trade debts | 44 | €3,284 | €2,118 | -€1,166 | -35.5% |
| Suppliers | 440/4 | €3,284 | €2,118 | -€1,166 | -35.5% |
| Taxes, remuneration and social security | 45 | €43,968 | €22,846 | -€21,122 | -48.0% |
| Taxes | 450/3 | €43,968 | €22,846 | -€21,122 | -48.0% |
| Other amounts payable | 47/48 | €16,239 | €19,003 | +€2,764 | +17.0% |
| Non-recurring operating income | 76A | €4,752 | - | -€4,752 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,974 | €8,994 | +€2,020 | +29.0% |
| Other operating charges | 640/8 | €417 | €399 | -€18 | -4.3% |
| Gross operating margin | 9900 | €71,487 | €55,083 | -€16,404 | -22.9% |
| Operating profit (loss) | 9901 | €64,096 | €45,690 | -€18,406 | -28.7% |
| Financial income | 75/76B | €125 | €205 | +€80 | +64.0% |
| Recurring financial income | 75 | €125 | €205 | +€80 | +64.0% |
| Financial charges | 65/66B | €141 | €147 | +€6 | +4.3% |
| Recurring financial charges | 65 | €141 | €147 | +€6 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €64,080 | €45,748 | -€18,332 | -28.6% |
| Income taxes | 67/77 | €23,365 | €16,201 | -€7,164 | -30.7% |
| Profit (loss) for the period | 9904 | €40,715 | €29,547 | -€11,168 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,715 | €29,547 | -€11,168 | -27.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.